Back when Reagan was President, liberactionaries were hopping made about trade deficits. They forgot about them during Clinton’s tenure, were too distracted by Iraq to bring it up during Bush’s Presidency, and were completely mum during Obama’s. Now that trade is Trump’s great concern, they downplay it and talk about the complexity of the global economy and the rise of service industries.
I don’t share Trump’s stress on trade, and frankly I’d rather a company move to Mexico than that it go completely under and close its doors, but it is a legitimate concern.
The Forgottens (a/k/a the structurally unemployed) need to find jobs they can do, not high-tech computer whosawhatsit-thingamajigging. So, yeah, this is a matter that the Republicans have belatedly woken up to, thanks to Trump, and concerning which Dems have belatedly discovered nuances that help nobody, except insofar as they can cover their own asses. Hope the working class blue color folks all find work, and that they make their switch to deplorables permanent.
“blue color” = blue collar
Please post an example of a company the was "going under" and moving to Mexico saved them. Just one.
Big Caps are moving to Mexico to save 3-5% on labor and pocketing the difference. When they were in the USA the made gobs of money, now they make EVEN more. The tax payer is on the hook for the damage caused.
Having jobs in our country has to be better than having those jobs move to another country.
You get the actual manufacturing jobs, you get the supply chain jobs sending supplies to that manufacturer, you get all the transport jobs involving both manufacturer and supplier and purchaser, you get warehousing jobs, you get end retailer jobs.
Nothing like that when goods are shipped in from overseas.
There are no penalties if a US company moves their factory to Mexico, as long as that factory doesn’t sell back into the US. The move to Mexico saves the US company from US taxes, regs, and labor costs. In other words, it stops all support of the US which would help keep US jobs going.